HIGHER: Eli Lilly (LLY), up 2% after issuing FY20 guidance… Tallgrass Energy (TGE), up 21% after after entering into a definitive merger agreement pursuant to which affiliates of Blackstone Infrastructure (BX) together with affiliates of Enagas, GIC, NPS and USS, will acquire all of the publicly-held outstanding Class A Shares of the company for $22.45 in cash per Class A share… Tencent Music (TME), up 3% after announcing authorization for a $400M share repurchase program. UP AFTER EARNINGS: Jabil (JBL), up 9%… Summit Therapeutics (SMMT), up 4%. DOWN AFTER EARNINGS: Navistar (NAV), down 6%. ALSO LOWER: Synaptics (SYNA), down 6% after Rosenblatt analyst Jun Zhang downgraded shares to Sell from Neutral with a $45 price target… Roku (ROKU), down 2% after announcing CFO Steve Louden will step down… MEI Pharma (MEIP), down 27% after its 28.125M share spot secondary priced at $1.60 per share… Clovis (CLVS), down 6% after filing a $250M mixed securities shelf.